Panurgy Newsletter

March 2008
In this issue

> Paying Too Much?
> Key Tax Code
Changes
> Paperless Office
> Just for Laughs

Just For Laughs

Quote of
the Month

Opportunities are usually disguised as hard work, so most people don't recognize them.

-Ann Landers

When was the last time you
reviewed your phone bill?
You could be paying too much!

Combine your local and long distance needs, along with Internet needs, on a single access line and save on your current phone bill. A Panurgy representative will review your current bill and provide a valuable assessment on whether you are paying too much for your current service.

Our core offerings cover data, voice, and Internet communications services. Combining these services leaves you with one invoice and one Support Company, saving you time and money.

Find out more about the cost savings you could be missing out on, today! 1-877-PANURGY or e-mail info@panurgy.com .

5 Key Tax Code Changes Affecting Small Businesses
by Joseph Anthony
Reprinted with permission from the Microsoft Small Business Center

The tax bill signed into law by President Bush in late October 2004 was widely derided by editorial writers as a special-interest giveaway, an early "corporate" Christmas tree. Indeed, many provisions of this bill apply to larger companies or specific industries.


But there's also a lot in this tax bill — formally known as the American Jobs Creation Act of 2004 — that applies to small businesses. While some of the changes simplify tax issues for small businesses, many of the new rules could complicate tax planning and preparation, even if they cut your tax burden.

Here are five major features that small-business owners should be aware of — and should be ready to consult with their tax advisers about.

1. Earlier this month the economic stimulus package which contains two provisions aimed at helping small businesses increase their capital spending, became law. The package includes a huge increase in the Section 179 tax deduction and bonus depreciation allowance.